Accounts
The accounts list could be set up to provide a basic overview of your
business’s overall performance. For example, a car dealership might set
up their accounts to distinguish new and used car sales, from service
and parts income. The following income accounts could be used:
When entering a transaction, the transaction amount is allocated to an
appropriate account. A standard profit and loss statement can then be
printed for the business to show income and expenses generated by
the business.
Setting up accounts
You can set up your accounts using the Easy
Setup Assistant or in the Accounts command centre
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